All administration articles – Page 8
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ArticleKenyon Road Haulage and Kenyon Warehousing collapse with the loss of 108 jobs
A 90-year-old haulage company in Blackburn has entered administration with the loss of 90 jobs.Kroll Advisory in Manchester was appointed to handle the affairs of Kenyon Road Haulage and Kenyon Warehousing on 20 March and the businesses are now being wound down.A spokesman for Kroll said: “Michael Lennon and Steven ...
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ArticlePre-pack saves waste haulier after collapse into administration
A haulage firm providing services to the waste and recycling sector and operating 45 HGVs has been sold in a pre-pack deal after it collapsed into administration.Wrexham-based 4 Seasons Beer Tent Co, which traded as Ningbo Walking Floors, appointed administrators on 17 January after experiencing financial difficulties.Begbies Traynor said the ...
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ArticleMerseyside operator enters administration
A Merseyside-based logistics operator that traded out of two operating centres entered administration after its floating charge holder grew concerned about recovering its outstanding liability.Optimum Logistics ceased trading in November 2022 despite its most recent financial results showing that it had returned to profit by the end of 2021.In a ...
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ArticleEclipse Distribution goes into administration a year after sale
Loughborough-based Eclipse Distribution has entered administration, just a year after its founder sold the business to a private equity firm.Business advisory firm Armstrong Watson confirmed it had been appointed as administrator to the haulage and logistics company on 14 November and staff had lost their jobs.The company had traded from ...
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ArticleAir freight haulier Saints Transport goes into administration
Saints Transport has entered administration after struggling with the impact of the Covid-19 pandemic on the aviation sector.The company has appointed Paul Ellison and David Taylor of Reading-based KRE Corporate Recovery as its administrators.The Heathrow-based firm is the largest privately owned air freight specialist in the UK, employing around 350 ...
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ArticleSame-day courier Cargo Worldwide (UK) goes into administration
East London-based haulage and freight forwarding firm Cargo Worldwide (UK) has entered administration.According to documents filed at Companies House, insolvency experts at KBL Advisory were appointed to the business on 7 June.The company describes itself as an international freight forwarder and road freight firm, which trades out of an operating ...
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ArticleEvents haulier collapses into administration
A Herts-based TV and film logistics firm has entered administration after more than 15 years of trading.Mentmore Investments, which traded as Green Clover, operated a fleet of 45-foot curtainsiders and box trailers and 18-tonne HGVs out of its premises in Berkhamsted for clients working in film, entertainment and events.As well ...
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ArticleStruggling logistics firm rescued from administration by its management team
Nearly 200 jobs have been saved after midlands haulage firm Crouch Logistics was sold back to its management after it entered administration.Administrators at Leonard Curtis said they were appointed to the logistics and courier firm “following a difficult period dealing with increasing costs of labour, driver shortages and the Covid-19 ...
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Ill health, Covid and and driver shortage tip haulier J&J Ashcroft into administration
Lancashire haulage and stone merchants company J&J Ashcroft has gone into administration after battling with ill health and the the impact of the Covid pandemic and the driver shortage.David Acland and Lila Thomas of FRP Advisory have been appointed as joint administrators to the family firm, which was founded in ...
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ArticleMV Commercial buys Fruehauf out of administration in “multi-million” pound deal
Specialist truck provider MV Commercial is to buy tipping trailer and rigid body manufacturer Fruehauf out of administration in a “multi-million” pound deal which will see the transfer of all 120 workers at the business.The company is promising to scale up production immediately and be able to offer 80-90 trucks ...
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ArticleTipper trailer producer Fruehauf enters administration
Lincolnshire-based tipper and rigid trailer manufacturer Fruehauf has been placed into administration.Hauliers and commercial vehicle suppliers said ongoing delays to orders had already led to a major trailer shortage across the entire supply chain.Fruehauf is understood to produce around half of the tipping trailers sold in the UK.Quantuma’s Carl Jackson ...
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ArticleWest Midlands logistics company collapses into administration
West Bromwich firm New Generation Courier (NGC) Logistics, which provided services across the UK and Europe, has entered administration.Insolvency practitioners from both Leonard Curtis and Carter Clark were appointed to the business on 29 March.The administrators were unable to comment as we went to press, but a statement on NGC’s ...
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ArticleTructyre hails new Covid-secure administration centre
Tructyre said its new ‘customer experience centre’ in Gateshead has created 100 jobs and provided a Covid-secure environment within which staff can work.Announced last year, the commercial tyre management company embarked on an expansion plan in the north east with the creation of a call handling and administration office.It said ...
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Rhys Davies & Sons enters administration
Just one year after being bought by Cathay Investments, Cardiff haulier Rhys Davies has gone under after accruing “unsustainable losses” during the Covid-19 pandemic.Ian Vickers and Philip Harris, partners at business advisory firm FRP, have been appointed joint administrators to Rhys Davies & Sons today (8 December).In a statement the ...
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ArticleFormer Cartwright employees take legal action after trailer builder goes into administration
Former staff at Cartwright Group who lost their jobs when the business entered administration are pursuing legal action after alleging that it failed to properly consult them.Despite around 259 jobs being saved when Cartwright Fleet Services, Cartwright Rentals and Cartwright Finance were sold to leasing firm Zenith, law firm Simpson ...
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ArticleTipper haulier P J Brown (Construction) enters administration
FORS Gold member and tipper haulier P J Brown (Construction) has gone into administration.The administration follows the closure of construction sites across the country in the wake of the Covid-19 pandemic, which has hit the sector’s supply chain hard.The Crawley-based firm, which has an operating licence for 79 vehicles, has ...
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Drive Force (UK) enters administration after 20 years trading
Bristol-based freight firm Drive Force (UK) has entered administration.Calls to its Gloucester Road, Avonmouth office were not being answered, but motortransport.co.uk understands that Paul Wood and Simon Haskew at Begbies Traynor were appointed as administrators of the business on 4 June.Incorporated in 1999, the company are specialists in bulk car ...
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ArticleAthena Haulage "trading as normal" after civil engineering division put in administration
Administrators appointed to Leeds-based Athena Civil Engineering have confirmed that its haulage arm, Athena Haulage continues to trade as normal.A spokeswoman for RSM Restructuring Advisory LLP said Jamie Miller and Gareth Harris had been made administrators of the ground engineering and civils specialist.However, Athena Haulage, which holds a standard national ...
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ArticleCardiff Container Link in administration
Cardiff Container Link, a domestic and container haulier, has gone into administration.Based in Roath Docks in Cardiff, the company provided container haulage to shipping lines and agents, as well as inland storage and handling and a courier service.It ran a fleet of 13 Daf HGVs, plus vans and moved up ...
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ArticleManchester construction haulier enters administration
Manchester construction bulk haulage firm Digway has entered administration after 50 years in business.The company, which traded as Digway Bulk Haulage, held a standard national licence for 15 HGVs, but according to licensing documents this authorisation had been revoked.Insolvency experts from Cowgill Holloway Business Recovery were appointed to the company ...